Looks like whoever shorted from $5 & under has done quite well.
Not celebrating the fact that short sellers are still in control, but they indeed are.
The more this stock runs sideways after dropping considerably is not good.
Shorts sellers are just reloading their guns & won't stop until this thing is $3 or less.
Don't be greed, especially if you've been holding since before this week.
At least sell a portion & live to earn another day.
20% in 2 days is very nice & nothing to sneeze at.
They haven't been able to drop this to $5 or less & it's becoming quite obvious that they can't!
They are wasting their time & money.
Unfortunately, it seems that you are right.
The wolves are guarding the sheep.
A technical trader friend of mine was telling me to go heavy into this on Thursday, March 26th!!!
I haven't been able to get in touch with him since I laughed him off the phone!
Great analysis & very valid points.
Cramer is a very well paid reactionary.
However, you should've just left the JFK comment out of your closing statement.
How else would the most powerful man and supposed leader of the free world be assassinated on live TV?
Please don't admit that you believe the "lone gunman" theory because it just wasn't possible.
Even without any knowledge of the events/circumstances or the BS Warren Commission, the lone "nut-job" assassin got whacked by a mobster from "point blank" on live TV surrounded by law enforcement authorities.
You just can't make this #$%$ up!
Spinning a price war between GILD & ABBV's Hep C drugs, into a possible 40% discount in the diabetes market was PURE NONSENSE. 2025 estimates being ABRUPTLY SKEWED at the one month mark is BS.
Now, I know who to call when I'm obnoxiously drunk.